Bybit's 24-hour spot market share jumped to number one in the industry, with the surge in night trading volume being the main driving force.
TL;DR
Bybit's spot trading volume surged to over $8.9 billion in 24 hours, surpassing Binance to become the industry leader. This was driven by NIGHT trading, where Bybit accounted for over 77% of the $9.2 billion volume.
Tags
According to ChainCatcher, NIGHT trading activity continues to surge. Data from CoinMarketCap (CMC) shows that NIGHT's total trading volume over the past 24 hours exceeded $9.2 billion on December 22nd. Bybit accounted for $7.1 billion of this, representing over 77% of the total trading volume and becoming the primary liquidity platform for NIGHT trading.
According to current data from CMC, Bybit's total spot trading volume in the past 24 hours exceeded $8.9 billion, surpassing Binance to become the number one in market share for spot trading volume in the crypto industry, further demonstrating its trading capacity and liquidity advantage in the spot market.